The option that is not a function of the federal reserve system, or the fed is rhat. it determines tax levels in conjunction with the United States Treasury.
It should be noted that hat the Federal reserve simply means the central banking system of the United States.
It should be noted that the federal system also acts as the banker to the banks.
In this case, the option that is not a function of the federal reserve system, or the fed is rhat. it determines tax levels in conjunction with the United States Treasury.
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Complete question
Which of the following is not a function of the Federal Reserve System? It acts as a central bank, it acts as a banker to banks, it determines tax levels in conjunction with the U.S. Treasury, or it sets monetary policy.
